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Deposit Bonds

Deposit Bond replaces the cash deposit you would normally pay when purchasing a property. There are short and long term bonds available to meet your property purchase needs.

Short-term
These are valid for up to 6 months and are suitable for purchasers who expect to settle in several months.

Long-term
These are valid for between 6 and 48 months and are suitable for purchasers with a longer term settlement, particulary "off the plan purchases"

Deposit bonds are used by:

  • Homeowners who have all their equity tied up in their home.
  • First home buyers who will not have access to additional funds until settlement.
  • Purchasers who have bought property "Off the plan" with a delayed settlement.

Approvals are usually within a 24 to 48 hour period and the cost for a bond is a one-off fee.